Ningbo Jinda Forming Equipment Co., Ltd. announced on July 24 that shareholders holding more than 5% of the company's shares and their concerted parties have recently collectively reduced their holdings, with the equity change reaching the 1% threshold. Specifically, Zhejiang Yinwan Private Equity Fund Management Co., Ltd. - Yinwan Quanying No. 11 Private Securities Investment Fund, Ningbo Guangda Investment Co., Ltd., Ningbo Jingwei Investment Co., Ltd., and Xu Jianfen reduced their holdings by 4,877,759 shares, 470,000 shares, 340,000 shares, and 60,000 shares, respectively, from July 18 to 22. The total shareholding ratio of the aforementioned shareholders and concerted parties decreased from 18.73% to 17.58%, a change of 1.15%. The announcement clarified that this equity change complies with relevant regulations, does not trigger a mandatory tender offer, does not violate disclosed commitments, and will not lead to a change in the company's controlling shareholder and actual controller. It is part of the previously disclosed reduction plan, which has not yet been fully executed